Basically it would mean $10.5M of dead money that will hit us in 2014 (and we'll be done with it.

They would also have the option of designating him a June 1 cut (or actually cutting him after June 1), in which case, $3.5 Million of the dead money would hit the 2014 cap, and the remaining $7 Million would go against 2015.

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Being a D-bag and being factually correct are not in any way mutually exclusive!

Right now our cap already accounts for a 53-man roster.
I estimate that we still have about a mil to spare, unless there's something goofy that is going on.

Unless Im mistaken , the cap only accounts for the top 45 salaries on the roster up to a specific point in time after which it must account for the 53 man roster.

I dont know what this 4.9 figure accounts for. It could be 53 , it could be 45.

The specifics of the cap take a damn rocket scientist to figure out

Quote:

Originally Posted by ChampionTexan

They would also have the option of designating him a June 1 cut (or actually cutting him after June 1), in which case, $3.5 Million of the dead money would hit the 2014 cap, and the remaining $7 Million would go against 2015.

Good point .... tho I dont know how you arrived at the figure. That is an option that would spread dead money out.

Actually, it accounts for the top 51 salaries. The 53 man cap doesn't kick in until the regular season starts. At that time, in addition to the additional 2 roster spots, the salary cap will also apply to any players on IR and all practice squad salaries.

__________________
Being a D-bag and being factually correct are not in any way mutually exclusive!

Good point .... tho I dont know how you arrived at the figure. That is an option that would spread dead money out.

The amortization of his signing bonus (per SpotTrac) is $3.5 Million per year ($17.5 Million total - 5 year contract). At the end of 2013, there will be three unamortized years remaining on his contract. All other guaranteed money was in the form of base salary for 2012/2013 and will be completely burned of by the end of this coming season.

__________________
Being a D-bag and being factually correct are not in any way mutually exclusive!

They would also have the option of designating him a June 1 cut (or actually cutting him after June 1), in which case, $3.5 Million of the dead money would hit the 2014 cap, and the remaining $7 Million would go against 2015.

Actually, it accounts for the top 51 salaries. The 53 man cap doesn't kick in until the regular season starts. At that time, in addition to the additional 2 roster spots, the salary cap will also apply to any players on IR and all practice squad salaries.

I understand.
All I mean is that we can start the season right now with enough players and under the cap.

I do not know the what the cap ramifications would be but I sure am hoping that the Redskins are willing to part ways with Kirk Cousins after next season in exchange for 2 high draft picks and we can part ways with Schuab. That would be ideal.

I do not know the what the cap ramifications would be but I sure am hoping that the Redskins are willing to part ways with Kirk Cousins after next season in exchange for 2 high draft picks and we can part ways with Schuab. That would be ideal.

The amortization of his signing bonus (per SpotTrac) is $3.5 Million per year ($17.5 Million total - 5 year contract). At the end of 2013, there will be three unamortized years remaining on his contract. All other guaranteed money was in the form of base salary for 2012/2013 and will be completely burned of by the end of this coming season.

Thanks for doing the leg work on that one .... I wasnt aware of specifics but knew they could get out from under the deal with reasonable cap fatigue after the coming season ..... $10.5 cap hit for 2014 if he's cut after 2013.

Thanks for doing the leg work on that one .... I wasnt aware of specifics but knew they could get out from under the deal with reasonable cap fatigue after the coming season ..... $10.5 cap hit for 2014 if he's cut after 2013.

I do not know the what the cap ramifications would be but I sure am hoping that the Redskins are willing to part ways with Kirk Cousins after next season in exchange for 2 high draft picks and we can part ways with Schuab. That would be ideal.

Quote:

Originally Posted by TexanSam

If RGIII gets hurt again, I don't think they will.

Yep but I think they will eventually trade Cousins unless RGIII's career is derailed by multiple injuries. They won't give both QB's a massive contract and there is little to no chance that the Redskins slap a franchise tag on a backup QB. The bad news is that he is under contract for 3 more years. If he plays like he did last year we need to really make a concerted effort to obtain his services.

Thanks for doing the leg work on that one .... I wasnt aware of specifics but knew they could get out from under the deal with reasonable cap fatigue after the coming season ..... $10.5 cap hit for 2014 if he's cut after 2013.

I rep'd you for your earlier post .... someone get him for me please.

Got him

I just hate the way Rick/Olsen spread the $$$$ out over the life of Schaub's contract.

I just hate the way Rick/Olsen spread the $$$$ out over the life of Schaub's contract.

They have done a real good job with most of their contracts .... the fact that they get walk away from it after a year of the extension with only the bonus money remaining is pretty amazing when you get right down to it.